Alder invests in automation company AB Inventech

Stockholm – December 17th, 2021 – Alder II AB (“Alder”), a Nordic investment fund focusing on the development of environmentally sustainable companies, has closed an investment in AB Inventech A/S (“AB Inventech”, or the “Company”). Alder will become the majority owner of AB Inventech and will partner with the Company’s founder and management to continue the growth journey.

AB Inventech, founded in 1989, is a leading supplier and provider of automation applications and processes, primarily for global wind turbine blade manufacturers. With an attractive product and service offering, AB Inventech adds value to its customers by improving productivity, quality, work environment safety and cost of production through automation and professionalisation of manufacturing processes.

The wind turbine industry is growing, fuelled by structural market drivers of increasing energy demand, environmental focus, and consensus of its importance as a source for power generation long-term. Market trends of growing investments in wind turbine capacity, blade technology development and automation and professionalisation of production drive demand for AB Inventech’s products and services.

As the new majority owner, Alder will provide capital, experience, and support to enable AB Inventech to continue its growth journey internationally.

“We are impressed by the quality products and services supplied by AB Inventech under Arne Bech’s and Niels Kirkegaard’s management. The Company has built up considerable expertise and insight into the manufacturing of wind turbine blades, and we see a need for their knowhow and technologies as wind turbine blade manufacturing becomes increasingly complex. We are keen to enter into partnership with the skilled management team at AB Inventech to support them in their future international growth.”

says Jonas Frick, co-founder and partner at Alder

“With Alder as majority shareholder, we now have a strong and active partner with whom we can strengthen AB Inventech’s presence on the international markets within automation solutions for the wind turbine industry. This will go a long way towards meeting the wishes of our international customers.”

says Niels Kirkegaard, CEO of AB Inventech.

For more information, please contact:

About AB Inventech A/S

AB Inventech A/S is a recognised player in the automation industry and as a supplier of specialist machines – in Denmark and internationally. AB Inventech A/S focuses in particular on production equipment for the manufacturing wind turbine blades and handling industrial composite fibres. In recent years, the carbon fibre reinforcement of wind turbine blades has been a key growth area for the company, which is now world-leading within the field. AB Inventech A/S has approximately 100 employees and is based in Ikast in Jutland.

For more information, visit www.ab-inventech.dk

About Alder

Alder II AB is a Nordic investment fund with the goal of creating the best possible conditions for long-term development of sustainable technology and service companies. With a mix of industrial and financial expertise and with the interest in entrepreneurship as a driving force, Alder creates profitable growth in close companionship with our companies.

Alder invests in Centriair, a leading industrial airborne odour and emissions treatment company

Stockholm – December 6, 2021 – Alder II AB (“Alder”), a Nordic investment fund focusing on the development of sustainable technology and services companies, closed an investment in Centriair Holding AB and its subsidiaries (“Centriair” or the “Company”). Alder will partner with Centriair’s founders and management to continue the growth journey of the Company.

Centriair, founded in 2007, designs, develops and delivers airborne odour and volatile organic compound (VOC) emissions abatement systems for process industries, resulting in lower concentrations of harmful gases and aerosols. The Company has a leading offering for demanding applications and a strong position in the waste, food and biogas segments in primarily the Nordics, DACH and the UK. Centriair has a recent history of strong growth, increasing its revenues by an annual growth rate of 50% in the past six years. The growth is attributable to a competitive technology offering and growing demand based on changing customer preferences and stricter regulation.

Environmental sustainability is an important aspect of Centriair’s business model, offering solutions that help remove harmful aerosols and gases from process air, providing clean air within industrial processing environments and public spaces. The Company is headquartered in Sävedalen, Sweden, and has an annual turnover of ca. 100 MSEK with ca. 40 employees. Alder will provide capital, network and experience from other investments in related fields such as air filters and gas emissions analysis. Furthermore, Mats R Karlsson will join as Chairman providing considerable industrial and growth experience.

“Centriair is a company in an attractive market that has shown impressive growth in the past few years. Run by a highly competent and entrepreneurial team, the Company continuously aims to deliver a leading technology offering within its field. We look forward to working in unison with the founders, management and Board to continue the Company’s growth journey”

says Dag Broman, Partner at Alder

“At Centriair we can be proud of the success we have achieved thus far. The success has enabled us to now strengthen the owner base by taking in significant capital to invest into the business and continue our growth journey. We have built a mutual trust with Alder and believe in their ability to support us in this next phase.”

says Jack Delin, CEO and Co-Founder of Centriair

For more information please contact:

About Centrair A/S

Centriair was founded in 2007 and develops technology leading solutions for the abatement of industrial airborne emissions, primarily in the Nordics and DACH regions. Centriair works on behalf of customers within the biogas, waste, wastewater and food segments to meet emissions requirements of customers, authorities and the public.

For more information, visit www.centrair.com

About Alder

Alder II AB is a Nordic investment fund with the goal of creating the best possible conditions for long-term development of sustainable technology and services companies. With a mix of industrial and financial expertise and with the interest in entrepreneurship as a driving force, Alder creates profitable growth in close companionship with our companies.

Projsec joins Briab

On June 28, Briab welcomed its new colleagues at Projsec, experts in physical security with operations in Sweden. Since its inception in 2002, Briab has grown organically from 8 employees to today’s 140 and is a leader in fire protection engineering and risk management services under the promise “The right side of risk”. Projsec is Briab’s first acquisition after the investment fund Alder became the new main owner of Briab in November 2020.

“Our value proposition – to help our customers to get on the right side of risk – is now becoming even more comprehensive and relevant. Fire protection, risk management and physical safety are fundamental to safe and sustainable environments and take its starting point in the design and engineering of buildings and infrastructure. Projsec and Briab work in exactly the same way and the synergies and opportunities between the companies are almost too many to list”

says Briab’s CEO Björn Wulff

Projsec and Briab have operations in about 10 locations in Sweden, from Gävle in the north to Malmö in the south.

“Briab feels like a completely natural buyer and partner for all of us at Projsec. The most important thing, however, is that it is seen as valuable for our customers and I am completely convinced that it does. Being able to offer competence and taking responsibility for a broader area around fire, risk and physical security is great and something our colleagues on the customer side ask for”

says Henrik Good, CEO and founder of Projsec

The companies have initiated an integration of operations and the companies will move into a new state-of-the-art head office at Södermalm, Stockholm in the beginning of 2022.

“We work with the same customer needs – safety, we work in the same market – buildings and infrastructure, and we work at the same stage in the projects – in design and planning. Finally, we face the same growth opportunities through digitalisation and sustainability. We are a perfect match and it will be incredibly exciting to grow together going forward”

Björn Wulff concludes

For more information, please contact:

About Projsec

Projsec is a security consultant in physical security well versed in the laws, rules, standards, norms and regulations required by authorities and insurance companies as well as other claimants. Projsec works independently of suppliers and with active external monitoring of trends in solutions and requirements. The company has 25 employees and is represented in Stockholm, Örebro, Karlshamn and Malmö.

Read more at projsec.se

About Briab

Briab offers services and products in risk management. Briab’s origin is in fire protection and is today supplemented by MEP, R&D, Property Risk Management and risk management in industrial and in community planning. Briab currently has 140 employees and offices in 7 locations around Sweden.

Read more at briab.se

Alder har publicerat sin hållbarhetsrapport för år 2020. Rapporten kan laddas ner via länken i marginalen.

Alder invests in Systeminstallation, a leading provider of building automation solutions

Stockholm – March 17th, 2021 – Alder II AB (“Alder”), a Nordic investment fund focusing on the development of sustainable companies, has closed an investment in Systeminstallation i Varberg AB (“Systeminstallation”, “SI” or the “Company”). Alder will become majority owner of Systeminstallation and will partner with SI’s founders and management to continue the growth journey of the Company.

Systeminstallation, founded in 1998, designs, develops and delivers building automation solutions and related software and services. The Company is headquartered in Varberg, Sweden, and has an annual turnover of ca. 160+ MSEK with ca. 110 employees. SI has under the leadership of its four founders, grown steadily from Varberg to five additional locations in south-western Sweden and continuously broadened its offering from the building automation segment to also include unique solutions for e.g. logistics, water & sewage and spa & bath. In addition, SI has developed software applications and remote monitoring services provided on a subscription basis.

Systeminstallation’s offering contributes to the environmentally sustainable management of buildings by providing customers with a cost- and energy-efficient solution while also ensuring a good working environment. SI is highly regarded by its customers and has a strong and inclusive corporate culture, creating loyalty among both customers and employees.

As the new majority owner, Alder will provide capital, experience and support to enable Systeminstallation to continue its growth journey through geographical expansion and further developments of the company’s application-specific software and solution offerings.

“Since the first meeting, the Systeminstallation team has impressed us with their strong company culture, advanced offering and strong results. We look forward to growing the Company in partnership with the founders and management, building on-top of the current platform. Energy efficiency in buildings will continue to grow in importance and we expect SI to expand their market share thanks to their strong offering, loyal customers and position in the value-chain.”

says Arash Raisse, Partner at Alder.

“Partnering with Alder will allow us to work with a partner that shares our values and can help us reach SI’s full potential. We have built a close relationship with Alder during the acquisition process and were impressed by their industry insight and previous company development experience. For us it was key to have a partner with a shared vision for what we aim to achieve”

says Bobo Ekelundh, Bjarne Johansson, Patric Rydell, Niklas Wallenbeck, the founding team of Systeminstallation

For more information, please contact:

About Systeminstallation i Varberg AB

Systeminstallation was established in 1998 to develop and deliver solutions for energy efficiency and building automation. From the beginning we have developed strong partnerships between our suppliers, end-customers and employees – following our motto that objectives are best achieved together. Today, there are more than 100 people working out of our offices in Gothenburg, Halmstad, Varberg, Falkenberg, Ängelholm and Skaraborg. Our business areas include municipal customers, office & commercial properties, residential homes, water treatment, pool & spa, hotels, logistics and energy & operation services. For more information, visit www.systeminstallation.se.

About Alder

Alder II AB is a Nordic investment fund with the goal of creating the best possible conditions for long-term development of sustainable technology and services companies. With a mix of industrial and financial expertise and with the interest in entrepreneurship as a driving force, Alder creates profitable growth in close companionship with our companies.

Alder Fund I har tillsammans med övriga medägare ingått avtal om att avyttra samtliga aktier i Nordic Water Holding AB till Sulzer AG.

Alder II AB har tillsammans med grundarna och nyckelpersoner ingått avtal om att förvärva en majoritet av aktierna i Briab Group.

De FN-stödda ”Principles for Responsible Investment” (PRI) har nyligen publicerat resultaten från 2020 års utvärdering. Alder gör det igen och bibehåller det högsta möjliga betyget (A+) i båda de moduler där vi rapporterar – ”Strategy & Governance” och ”Private Equity”. Detta är ett resultat av vårt långsiktiga fokus på hållbarhet och vårt strukturerade arbete med hållbara investeringar.

Alder II AB har tillsammans med ledningsgruppen ingått avtal om att förvärva samtliga aktier i Samon AB.